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Yanlord Land Group Reduces Debt with Note Repurchase

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An update from Yanlord Land Group ( (SG:Z25) ) is now available.

Yanlord Land Group Limited has announced the successful repurchase and cancellation of US$32,990,000 of its 5.125% Green Senior Notes due 2026, representing approximately 6.6% of the total principal amount initially listed. This move reduces the outstanding principal amount to US$467,010,000, potentially strengthening the company’s financial position and demonstrating its commitment to managing debt efficiently.

More about Yanlord Land Group

Yanlord Land Group Limited is a real estate company based in Singapore, primarily engaged in property development and investment. The company focuses on high-end residential, commercial, and integrated property projects in strategic locations across China.

See more insights into Z25 stock on TipRanks’ Stock Analysis page.

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